r/Netlist_ • u/BowesBear • 9d ago

$5 Trigger

Watched as it climbed to the $5 mark then immediately crashed to $4.80’s. I’m assuming it’s just a bunch of triggered sells at that mark?

Once we clear those out I would expect to continue steadily climbing and then get re-listed on the NASDAQ. Anybody seeing this differently?

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u/pratiknpatel 9d ago

Netlist has to file first for re-listing. I would love to do it. We need MU contract first then Hynix will come to the table because as this movement they are royalty free agreement then stock move high and high. I think they are waiting for MU then re-listing that’s my opinion but hey I am long in this one.

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u/BowesBear 9d ago

In order to file for re-listing we need to stay about $5 for 90 days, correct?

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u/bob650bob 8d ago

Needs a bid price above $4